Coral discovery development project, off the shore of Mozambique
Name and Location
Coral discovery development project, off the shore of Mozambique.
Client
Eni.
Project Description
The giant Coral discovery, made in May 2012 and outlined in 2013, proved the existence of a high-quality field of Eocenic age with excellent productivity. It is estimated to contain an estimated 16-trillion cubic feet (TCF) of gas in place, wholly located in Area 4.
The project includes the development of the first phase of development of five TFC of gas in the Coral discovery. The discovery is located in water more than 2 000 m deep and about 80 km off the shore of the Palma bay, in the northern province of Cabo Delgado.
Value
Not stated.
Duration
Not stated.
Latest Developments
Eni announced the approval of the plan of development for the Coral discovery. The approval has been granted by the Mozambique government’s Council of Ministers.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Eni, press office, tel +39 025 203 1875 or email investor.relations@eni.com.
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